---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-022904"
form_type: "8-K"
ticker: "ODFL"
cik: "0000878927"
company_name: "OLD DOMINION FREIGHT LINE, INC."
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T21:56:03.955218+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Old Dominion Freight Line declares $0.40 quarterly dividend, up 33.3% YoY

## Summary
- Quarterly cash dividend of $0.40 per share declared, a 33.3% increase from $0.30 in June 2022.
- Dividend payable June 21, 2023 to shareholders of record June 7, 2023.
- All 11 director nominees elected at annual meeting; advisory say-on-pay proposal approved.
- Shareholders ratified Ernst & Young as independent auditor for 2023.

## SEC filing metadata
- accession: 0000950170-23-022904
- form_type: 8-K
- ticker: ODFL
- cik: 0000878927
- company_name: OLD DOMINION FREIGHT LINE, INC.
- filed_at: 2023-05-18T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/878927/000095017023022904/0000950170-23-022904-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/878927/000095017023022904/odfl-20230517.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-022904
- JSON: https://secwatch.observer/filing/0000950170-23-022904.json
- Plain text: https://secwatch.observer/filing/0000950170-23-022904.txt

## Key facts
- Shareholder Votes
  OLD DOMINION FREIGHT LINE, INC. shareholders approved Election of Eleven Directors at the 2023-05-17 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: Proposal 1 – Election of Eleven Directors Each of the following individuals were elected by the shareholders to serve as directors for one-year terms and until their respective successors have been elected and qualified or until their death, resignation, removal or disqualification or until there is a decrease in the number of directors, and received the number of votes set opposite their respective names:
  evidence_url: https://www.sec.gov/Archives/edgar/data/878927/000095017023022904/0000950170-23-022904-index.htm
- Shareholder Votes
  OLD DOMINION FREIGHT LINE, INC. shareholders approved Vote, on an Advisory Basis, on the Frequency of Future Advisory Votes on the Compensation of our Named Executive Officers at the 2023-05-17 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: Proposal 3 – Vote, on an Advisory Basis, on the Frequency of Future Advisory Votes on the Compensation of our Named Executive Officers The shareholders recommended, on an advisory basis, that the advisory vote on the compensation of the Company’s named executive officers should be held on an annual basis based on the following vote:
  evidence_url: https://www.sec.gov/Archives/edgar/data/878927/000095017023022904/0000950170-23-022904-index.htm
- Shareholder Votes
  OLD DOMINION FREIGHT LINE, INC. shareholders approved Ratification of the Appointment of our Independent Registered Public Accounting Firm at the 2023-05-17 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: Proposal 4 – Ratification of the Appointment of our Independent Registered Public Accounting Firm The ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023 was approved by the shareholders based on the following vote:
  evidence_url: https://www.sec.gov/Archives/edgar/data/878927/000095017023022904/0000950170-23-022904-index.htm
- Shareholder Votes
  OLD DOMINION FREIGHT LINE, INC. shareholders approved Approval, on an Advisory Basis, of the Compensation of our Named Executive Officers at the 2023-05-17 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: Proposal 2 – Approval, on an Advisory Basis, of the Compensation of our Named Executive Officers The compensation of the Company’s named executive officers was approved, on an advisory basis, by the shareholders based on the following vote:
  evidence_url: https://www.sec.gov/Archives/edgar/data/878927/000095017023022904/0000950170-23-022904-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.